Listed brokers, exchanges rake in profits even as war clouds linger
· economictimes.indiatimes.com
India's listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin Trading Facility (MTF) and a favorable base effect. Increased market volatility, strong commodity trading, and elevated VIX levels also boosted volumes. Brokers are diversifying income streams beyond core broking, evolving into 'pseudo-NBFCs' with offerings like wealth management and insurance.
Agencies core and more: Favourable base effect, higher market volatility, commodity trading and rising margin trading funding income boost March quarter show
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